AIGO.TO vs. ARTY

Last updated Jun 4, 2026

AIGO.TO (Global X Artificial Intelligence & Technology Index ETF) and ARTY (iShares Future AI & Tech ETF) are both Technology Equities funds - AIGO.TO tracks the Indxx Artificial Intelligence & Big Data Index while ARTY tracks the Morningstar Global Artificial Intelligence Select Index. Both are passively managed. Over the past year, AIGO.TO returned 73.53% vs 115.16% for ARTY. A 0.67 correlation means they provide meaningful diversification when combined. AIGO.TO charges 0.60%/yr vs 0.47%/yr for ARTY.

Performance

AIGO.TO vs. ARTY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Artificial Intelligence & Technology Index ETF (AIGO.TO) and iShares Future AI & Tech ETF (ARTY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AIGO.TO is traded in CAD, while ARTY is traded in USD. To make them comparable, the ARTY values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AIGO.TO achieves a 38.42% return, which is significantly lower than ARTY's 68.20% return.

AIGO.TO

• 1D: -0.52%
• 1M: 24.23%
• YTD: 38.42%
• 6M: 36.42%
• 1Y: 73.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARTY

• 1D: -0.50%
• 1M: 28.61%
• YTD: 68.20%
• 6M: 62.84%
• 1Y: 115.16%
• 3Y*: 38.13%
• 5Y*: 17.39%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIGO.TO vs. ARTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIGO.TO Global X Artificial Intelligence & Technology Index ETF	38.42%	24.70%	19.81%
ARTY iShares Future AI & Tech ETF	68.20%	24.01%	13.94%

Correlation

The correlation between AIGO.TO and ARTY is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 17, 2024	0.67

The correlation between AIGO.TO and ARTY shifts across timeframes, from 0.67 (all time) to 0.82 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

AIGO.TO vs. ARTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIGO.TO

AIGO.TO Risk / Return Rank: 83
AIGO.TO Sharpe Ratio Rank: 92
AIGO.TO Sortino Ratio Rank: 87
AIGO.TO Omega Ratio Rank: 86
AIGO.TO Calmar Ratio Rank: 82
AIGO.TO Martin Ratio Rank: 70

ARTY

ARTY Risk / Return Rank: 90
ARTY Sharpe Ratio Rank: 94
ARTY Sortino Ratio Rank: 89
ARTY Omega Ratio Rank: 87
ARTY Calmar Ratio Rank: 91
ARTY Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIGO.TO vs. ARTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology Index ETF (AIGO.TO) and iShares Future AI & Tech ETF (ARTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AIGO.TO	ARTY	Difference
Sharpe ratio Return per unit of total volatility	3.30	3.95	-0.66
Sortino ratio Return per unit of downside risk	4.00	4.32	-0.32
Omega ratio Gain probability vs. loss probability	1.53	1.57	-0.05
Calmar ratio Return relative to maximum drawdown	4.31	6.97	-2.66
Martin ratio Return relative to average drawdown	13.08	22.20	-9.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIGO.TO vs. ARTY - Sharpe Ratio Comparison

The current AIGO.TO Sharpe Ratio is 3.30, which is comparable to the ARTY Sharpe Ratio of 3.95. The chart below compares the historical Sharpe Ratios of AIGO.TO and ARTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIGO.TO	ARTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.30	3.95	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.77	0.71	+1.06

Drawdowns

AIGO.TO vs. ARTY - Drawdown Comparison

The maximum AIGO.TO drawdown since its inception was -26.71%, smaller than the maximum ARTY drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for AIGO.TO and ARTY.

Drawdown Indicators

	AIGO.TO	ARTY	Difference
Max Drawdown Largest peak-to-trough decline	-26.71%	-50.21%	+23.50%
Max Drawdown (1Y) Largest decline over 1 year	-17.14%	-16.61%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-32.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.81%	—
Current Drawdown Current decline from peak	-0.52%	-0.50%	-0.02%
Average Drawdown Average peak-to-trough decline	-4.58%	-17.73%	+13.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	5.21%	+0.43%

Volatility

AIGO.TO vs. ARTY - Volatility Comparison

The current volatility for Global X Artificial Intelligence & Technology Index ETF (AIGO.TO) is 7.97%, while iShares Future AI & Tech ETF (ARTY) has a volatility of 11.88%. This indicates that AIGO.TO experiences smaller price fluctuations and is considered to be less risky than ARTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIGO.TO	ARTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.97%	11.88%	-3.91%
Volatility (6M) Calculated over the trailing 6-month period	17.85%	24.51%	-6.66%
Volatility (1Y) Calculated over the trailing 1-year period	22.43%	29.32%	-6.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.21%	26.68%	-2.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.21%	25.65%	-1.44%

AIGO.TO vs. ARTY - Expense Ratio Comparison

AIGO.TO has a 0.60% expense ratio, which is higher than ARTY's 0.47% expense ratio.

Dividends

AIGO.TO vs. ARTY - Dividend Comparison

AIGO.TO's dividend yield for the trailing twelve months is around 0.06%, while ARTY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIGO.TO Global X Artificial Intelligence & Technology Index ETF	0.06%	0.09%	0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ARTY iShares Future AI & Tech ETF	0.00%	0.00%	0.50%	0.88%	0.75%	2.41%	0.53%	0.69%	0.34%

Frequently Asked Questions

Can I hold both AIGO.TO and ARTY in my portfolio?

AIGO.TO and ARTY have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIGO.TO or ARTY?

On fees, ARTY is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIGO.TO or ARTY?

ARTY is cheaper with a 0.47% expense ratio, compared with 0.60% for AIGO.TO.

What is the main difference between AIGO.TO and ARTY?

AIGO.TO tracks Indxx Artificial Intelligence & Big Data Index, while ARTY tracks Morningstar Global Artificial Intelligence Select Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.60% for AIGO.TO and 0.47% for ARTY.